If a network marketing company wants to be taken over by a larger company, many of those deals are not success full. There are a lot of reasons why it might be a nightmare for the 2 companies, such as different compensation plans, different worlds, leader egos’s etc. Most of the time 90% of the distributor force sign up elsewhere….
Last year Sweden based and public company Zinzino took over Swiss based Enhanzz Global, spearheaded by top leader, co-founder and CEO Sven Goebel.
Zinzino according to their press release paid Euro 1 million:
“Zinzino will pay a fixed purchase price of Euro 1 million upon entry, divided into 75% cash and 25% newly issued Zinzino shares. There are also additional conditional purchase prices based on the sales development generated by the acquired distributor organization in the period 2022–2027.”
According to a post of Sven Goebel on his facebook, this are the awesome results:
“Kudos to a genuinely high-performing team that produced close to Euro 5 Million turnover – from scratch.”
“It’s been exactly one year since the signing between Zinzino and Enhanzz, and what a year it has been. We are thrilled to celebrate our amazing team’s hard work and dedication on this special occasion. But
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New MLM Giant: Greenway Global Announces Integration With Empireo
by Team Business For Home • • 0 Comments
According to a Greenway Global press release:
There are more than 7,500+ network marketing companies in the world today.
Each of them distributes a variety of products, from cosmetics to clothing and even household appliances. According to the World Federation of Direct Selling Associations (WFDSA), the turnover of all MLM products will reach $179 billion in 2021.
Collaborations between companies are not uncommon. In order to become true monsters of the network marketing industry, it takes the combined efforts of its strongest representatives.
“Greenway Global, a green $230+ Million Network Marketing company, announced its merger with Empireo, a Czech cosmetics chain, on 6 November 2022.
This is one of the most global mergers in the network marketing industry and it has given a fresh boost to both companies.”
Greenway Global is quite a young company, but within 5 years it has become one of the most famous in the network marketing industry as the fastest growing company in its country.
Over 2 million partners worldwide
53 countries of operation and 200 ecomarkets.
Over 450 products for health, beauty and home care.
The company’s environmental projects have a worldwide scale – every month Greenway Global provides material and physical support to organisations dedicated to saving our flora and fauna. Greenway
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Amare Global Acquires Kyäni
by Team Business For Home • • 0 Comments
Amare Continues Momentum and Expands Global Footprint with Strategic Partnership
Amare Global, The Mental Wellness Company, announced today the acquisition of Kyäni, Inc., a globally recognized and respected pioneer in health and wellness with business operations in over 50 countries.
Through this acquisition, Amare begins a strategic partnership with Kyäni to further expand global reach after tripling partner growth and doubling revenue and customer growth this year, despite global economic challenges.
Jared Turner, CEO Amare Global stated:
“This has been a year of transformative growth and momentum at Amare, and we could not ask for a better partner than Kyäni to help propel our global vision to share the benefits of mental wellness.
We are prepared to take this next step as a company to accelerate global expansion and build a foundation of empowerment, wellbeing, and opportunity for as many people as possible. Many thanks to our passionate employees, Brand Partners and customers who’ve helped us reach this milestone.”
Founded in 2018 by successful entrepreneur Hiep Tran, Amare Global focuses on creating products that support mental wellness through the gut-brain-axis.
Hiep’s vision of creating a company focused on mental wellness stems from his own journey in health and wellness after experiencing extreme burnout in the business world. This
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BestLife Worldwide Crea Una Alianza Estratégica Con DECENTRA
by Team Business For Home • • 0 Comments
Steve Moretta, CEO de BestLife Worldwide, es hoy en día una leyenda de la industria del network marketing, con 30 años ya de experiencia, y hace 14 años que fundó su propia compañía de productos de salud y bienestar: Best Life.
Ahora, Best Life y Decentra se unirán en una alianza estratégica que hará que los socios de Best Life puedan también disfrutar de los servicios digitales de Decentra.
Steve Moretta inició muy joven, con tan solo 17 años. Toda la experiencia que le faltaba, la recibió en los siguientes años de la manera más dura.
“Aprendí en la escuela de los golpes duros. Estuve en dos compañías: en la primera me fue muy mal, pero aprendí mucho sobre los fundamentos y las disciplinas necesarias; en la segunda logré el rango más alto en tiempo record con una organización en más de 22 países y más de 30,000 miembros en mi red.
El sueño americano se hizo realidad para mi gracias a esta industria.”
Otra lección la aprendió cuando perdió su cartera en un taxi acudiendo a una convención fuera de su país: se vio vendiendo productos al menudeo puerta a puerta y en la calle para poder pagar el hotel, comida para varios
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BestLife Worldwide Creates A Strategic Alliance With DECENTRA
by Team Business For Home • • 0 Comments
Steve Moretta, CEO of BestLife Worldwide, is now a legend in the network marketing industry with 30 years of experience. He founded his own health and wellness company, Best Life, 14 years ago.
Best Life and Decentra will join forces in a strategic alliance that will enable Best Life members to also benefit from Decentra’s digital services.
Steve Moretta started out very young, when he was just 17 years old. All the experience he lacked, he received it in the following years the hard way.
“I learned in the school of hard knocks. I was in two companies: in the first one, I did very badly, but I learned a lot about the fundamentals and the necessary disciplines; in the second one, I achieved the highest rank in record time with an organisation in more than 22 countries and more than 30,000 members in my network.
The American dream became a reality for me because of this industry”.
Another lesson was learned when Steve lost his wallet in a taxi while attending a convention outside his home country: he found himself selling retail products door-to-door and on the street in order to pay for a hotel, food for several days and a ticket home.
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Zinzino Acquires Enhanzz Global
by Team Business For Home • • 0 Comments
Zinzino stated:
Zinzino acquires the company Enhanzz IP AG including IP rights to its brands HANZZ + HEIDII and YU. Enhanzz Global AG with its distributor organization and merchandise on hand are also part of the acquisition.
The business, which reported sales of approximately EUR 3 million in the previous year, is expected to create strong growth through the synergies that arise in the shared networks. The gross margins in the business are good and great profitability is expected from utilizing ZInzino’s existing technical platform and organization.
Zinzino will pay a fixed purchase price of EUR 1 million upon entry, divided into 75% cash and 25% newly issued Zinzino shares. There are also additional conditional purchase prices based on the sales development generated by the acquired distributor organization in the period 2022–2027.
The total additional purchase consideration is estimated to amount to EUR 2.5 million, but may, in case of a maximum outcome, amount to EUR 6.5 million which shall be 100% settled with newly issued Zinzino shares. The cash part of the purchase price is financed with own cash.
Sven Goebel CEO Enhanzz Global said:
ENHANZZ Global is excited to have concluded a merger with Zinzino AB, Gothenburg.
Zinzino is a USD 150 Mio+, publicly listed
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M.Network Takes Over Jambery Nails
by Ted Nuyten • • 0 Comments
Utah (USA) based Jamberry Nails has ceased paying affiliates and shipping products. Over the past eight years, the company’s sales network has grown to more than 100,000 Independent Consultants.
The original owners sold a majority stake in Jamberry to outside investors a few years ago, according to Ryan Anderson, CEO of M.Network.
Ryan Anderson stated:
The Jamberry brand, products and consultants all have a home at the M.Network.
The consultants still have their same back offices, same websites, same product lines and can continue business as usual.
They haven’t missed a commission payment and they won’t either. The only difference is now they they will be incorporated under the M.Network.
Nail products maker Jamberry named in October 2016 Elizabeth Thibaudeau as its new CEO.
Thibaudeau succeeded Adam Hepworth, who has led the company from its inception. Hepworth’s wife, Christy, co-founded Jamberry in 2010 with her two sisters, Lyndsey Ekstrom and Keri Evans.
Jamberry is known for its do-it-yourself nail wraps, which are applied using a heat and pressure technique. In addition to offering a wide range of original designs, the company has worked with the likes of Disney and the NFL to introduce special themed collections.
Jamberry expanded into Mexico, adding to operations in the U.S., Canada, Puerto Rico, Australia and New Zealand, and the United Kingdom.
About M.Networks
M.Network
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Total Life Changes Appoints Ralph Adams To Head Merger And Acquisition Division
by Ted Nuyten • • 0 Comments
TLC’s founder and CEO Jack Fallon is strongly pursuing the growing demand of companies seeking assistance or attempting to find a new course in the industry.
TLC is actively extending its value in the worldwide arena by supporting businesses seeking assistance.
This new division in Salt Lake City has already supported companies like Ryte, Inc. Total Life Changes and Ryte, Inc. entered into an agreement effective August 3, 2016 for TLC to acquire the control of assets and distributors of Ryte, Inc., a benefit corporation focused on the complete wellness of the individual and helping others.
Adams has decades of transactional experience covering a wide variety of industries, including business services, consumer services and products, manufacturing and distribution.
As an experienced transactional leader, Adams will ensure a comprehensive evaluation of your business needs;
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Youngevity Acquires Renew Interests LLC – Sozo Global
by Nicole Dunkley • • 0 Comments
Youngevity International, Inc., a global direct marketer of nutritional and lifestyle products – a Triple AAA+ classified opportunity by Business For Home – and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, announced today that the Company has acquired assets of Renew Interests, LLC which includes SOZO Global and Integris brands and products.
These two companies have extensive quality product lines including: Nutrition, Coffee, Weight Loss, Energy, and Skin Care. SOZO and Integris when combined, are expected to bring a significant network of distributors and customers to Youngevity.
Steve Wallach, Youngevity CEO, stated,
“The brands we acquired in this transaction exceed our high and stringent quality standards. I believe Sozo’s emphasis on the coffee berry as an ingredient will have particular appeal to our growing customer base.
I
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Total Life Changes Acquires Ryte, Inc.
by Nicole Dunkley • • 0 Comments
Effective August 3, 2016, Total Life Changes – aTriple AAA+ classified opportunity by Business For Home – and Ryte, Inc. entered into an agreement for TLC to acquire the control of assets and distributors of Ryte, Inc., a benefit corporation focused on the complete wellness of the individual and helping others.
TLC’s founder and CEO Jack Fallon is strongly pursuing the growing demand of companies seeking assistance or attempting to find a new course in the industry. TLC has actively looked to extend its value in the worldwide arena by supporting businesses seeking assistance.
This new division in Salt Lake City will support companies like Ryte, Inc. seeking flexible considerations and support.
The founders/shareholders of Ryte, Inc., J. Riley Schaugaard, Dave Stewart and Jeff Wilson had this to say:
While our vision for Ryte wasn’t fully